Sending country · World Bank RPW · BE
Send money from Belgium
Outbound average cost sits in the lower fleet tercile at 3.1% across 4 destination corridors - a cheaper send market than most RPW peers.
- 3.1%
- Avg outbound cost
- 1.1%
- Cheapest · to Algeria
- $11.2B
- Sent per year
- 4
- Destination corridors
Outbound-cost tercile vs fleet
Belgium posts a 3.1% average outbound cost, below the fleet lower tercile (~5.5%) - across 4 destination corridors. Cheapest tracked floor: 1.1% to Algeria.
- #14 of 34
- WDI outflow corpus rank
- 3.1%
- average outbound cost
- 1.1%
- cheapest destination: Algeria
- $11.2B
- sent annually
Belgium among sending countries: volume vs. cost
Belgium sits at the 62nd percentile for outbound volume among 34 tracked sending countries - the 30 largest senders plotted below by annual outflow and average cost, Belgium highlighted.
Sending countries by volume and cost: United States, $107.1B annual outflow, 5.53% average cost. Saudi Arabia, $58.69B annual outflow, 6.09% average cost. Switzerland, $42.68B annual outflow, 6.94% average cost. Germany, $26.67B annual outflow, 4.96% average cost. France, $20.8B annual outflow, 7.31% average cost. Kuwait, $16.74B annual outflow, 3.54% average cost. Australia, $15.86B annual outflow, 7.38% average cost. Canada, $15.11B annual outflow, 5.77% average cost. South Korea, $14.31B annual outflow, 5.49% average cost. Italy, $13.91B annual outflow, 8.04% average cost. United Kingdom, $13.17B annual outflow, 5.08% average cost. India, $12.08B annual outflow, 6.32% average cost. Qatar, $12.06B annual outflow, 6.02% average cost. Belgium (this country), $11.22B annual outflow, 3.13% average cost. Austria, $10.81B annual outflow, 4.57% average cost. Thailand, $9.98B annual outflow, 11.87% average cost. Russia, $8.86B annual outflow, 3.03% average cost. Japan, $7.17B annual outflow, 10.69% average cost. Norway, $6.29B annual outflow, 3.66% average cost. Czech Republic, $5.96B annual outflow, 6.27% average cost. Poland, $5.6B annual outflow, 3.73% average cost. Sweden, $4.2B annual outflow, 6.65% average cost. Brazil, $1.86B annual outflow, 12.62% average cost. Israel, $1.62B annual outflow, 13.13% average cost. Ghana, $1.31B annual outflow, 13.29% average cost. Dominican Republic, $1.17B annual outflow, 7.68% average cost. New Zealand, $1.14B annual outflow, 8.39% average cost. South Africa, $1.13B annual outflow, 16.9% average cost. Spain, $0.79B annual outflow, 5.65% average cost. Chile, $0.69B annual outflow, 4.93% average cost.
Outbound cost bands from Belgium
4 destination corridors counted once by recorded average cost on a $200 send. The four bands sum to 4.
NEAR Near-target 3–5% lane · country average 3.1%
Cheapest Corridors from Belgium
All Corridors from Belgium
| # | To | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Algeria | 1.3% | 1.1% | TransferGo |
| 2 | Congo, Rep. | 3.2% | 1.4% | MoneyGram |
| 3 | Morocco | 3.9% | 1.2% | MoneyGram |
| 4 | Turkey | 4.2% | 2.0% | Remitly |
Low outbound cost from Belgium
World Bank RPW tracks 4 outbound corridors from Belgium at an average 3.13% - below the fleet lower tercile (~5.5%). That places Belgium among cheaper send markets on the panel, 3.3 pp under the ~6.4% global average.
The three cheapest outbound corridors from Belgium right now are Algeria at 1.09% via TransferGo, Morocco at 1.18% via MoneyGram, Congo, Rep. at 1.36% via MoneyGram. These are floor prices on a $200 transfer from Belgium, fee plus FX margin.
For a sender in Belgium, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Belgium outbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average outbound cost 3.13%; 4 destination corridors tracked from Belgium; vintage 2026-08-10.
Frequently Asked Questions
How much money does Belgium send in remittances each year?
Belgium sends about $11.2B a year to 4 RPW destination countries at 3.13% average outbound cost.
What are the cheapest countries to send money to from Belgium?
On World Bank RPW $200 sends, the cheapest outbound floors from Belgium are to Algeria, Morocco, Congo, Rep., as low as 1.09%. Country average outbound cost is 3.13% (lower fleet tercile).
How have remittance costs from Belgium changed over time?
Belgium's current average outbound cost is 3.13%, below the fleet lower tercile (~5.5%) and 3.3 pp under the ~6.4% global RPW average. RPW has tracked this send market since 2011.
How do I compare money transfer services?
To compare money transfer services from Belgium, look at three factors: (1) total cost as a percentage of your transfer amount, including both the service fee and exchange rate margin, (2) delivery speed, and (3) payment and payout methods available in your destination country. World Bank RPW data, used here, standardizes costs as a percentage of a $200 transfer. Always verify current rates directly with providers before sending.
Where does Belgium sit among remittance-sending countries?
According to World Bank WDI remittance outflows among 34 tracked sending countries on PlainRemit, Belgium ranks #14 of 34 by annual dollars sent. /send-from browses alphabetically; this outflow ordinal is the analytical placement basis.